Ah, oh uh, oh guys what is going on man? Oh man is the market looking a bit high today, i hope you're having an absolutely fantastic april 20th. It is a beautiful wednesday, a hump day a bump day. Whatever you want to call it, i hope you're having an absolutely beautiful day, we're here to talk about the old stonk market, the overall market. Looking pretty good we're going to talk a little about some other interesting equities, netflix, getting absolutely murked png.

Looking good we'll take a sneak peek at that we're going to check out what's going on with amc and jimmy both respectively had great days yesterday, roughly up seven percent give or take a little bit so we'll be taking a look at the overall macroeconomic backdrop. We'll get into some interesting stories, we'll call out some earnings and then we're gon na be getting into more of the nitty-gritty of what might be going down today, but before we get into all of that, i would ask all of you check out what i have Pinned to the top of chat, it's also in the description of the video i'm talking about attendees free options flow. You also get free sentiment analysis and you can also what's going on in the world of wall street bets you get to see all those d gen plays the amazing amazing gains and the pretty impressive losses. Once again, it is 100 free right now.

The link i have for you is ios. They will be rolling out with android shortly. So if you're on that iphone get the app check it out, i think you will very much enjoy it so shout out to attendees for sponsoring this. Now, let's see what's going on in the world of stonks uh spy, looking good netflix, getting absolutely murked amc jamie having a good day, and we have many other things that we'll be getting into just a little bit of foreshadowing.

So we're looking green this morning. A lot of people are looking pretty green this morning, the dow, the s p and the nasdaq all up about point. Four percent oil bouncing a little bit at 103. yields still sky high, even though they're currently taking a little bit of a breather right around 2.9.

Five things to know before the stock market opens today the holiday wednesday april 20th wall street looks mixed as netflix plunge holds back nasdaq futures we're going to be getting into the details of what, in the world's going on there netflix shares crater 25 after the company Reports, it's lost subscribers for the first time in more than 10 years, it lost 200 000 subscribers, even though it was looking to gain over a million, obviously they're cratering, it's the first time the streamer has reported a subscriber loss in more than a decade. Netflix blamed increased competition, password sharing, as well as inflation and ongoing russia invasion of ukraine. For this stagnant subscriber growth, they are very much playing the blame game and because of that, netflix was hit with nine downgrades. That's painful! That's a lot of downgrades! Folks, netflix's ceo says he's open to creating a lower price tier with ads, as the com company bleeds subscribers uh.

Once again, they lost 200 000 first loss in over a decade like it's, it's a bad situation and there's a lot of people who are making a lot of money. One guy who's, not making money on the deal is jim cramer, our boy, jim cramer. Back around january 4th he tweeted out netflix by around 600 and the fact that netflix is currently trading a lot lot lower 251.. Let's see how good you would be.

If you followed cramer's prediction, you would be down around 58, so kramer right here, netflix by and surprise surprise he was horrifically wrong. You know who else is about to get really beat up on this deal bill ackman also right around then was saying: hey i'm getting in and at first he was making some money, but now he has to be down hundreds of millions of dollar dollars like it Was absolutely brutal? One that's actually having a pretty decent report is proctor and gamble. Procter gamble tops wall street estimates as price hikes counteract higher cost, png's fiscal third quarter, earnings and revenue topped wall street's estimates. The company raised its forecast for fiscal 2022 revenue growth, but said it also expects inflation to rise in the next quarter.

Kind of the rhetoric that we're seeing from a lot of different companies, price hikes and productivity savings have helped offset some of the impact on png's margins. So just so you know netflix reported after the close yesterday png was this morning: uh two big ones after the market closes today. If you're watching this in real time, understand that tesla and united are big reports, so get excited for those uh and then american before the market opens tomorrow a t and then, if you're in some of the energy plays dow union pacific, so some important ones still Coming snapchat tomorrow, as well after the market closes and then on friday, verizon slumber, j, but the ones that i'll be particularly paying attention today, tesla, united, tesla, united and i'll also be paying attention to american when the market before the market opens tomorrow. My knee jerk reaction just to be very clear: i'm not feeling the best about tesla, my reasoning for that, even though i'm a long-term bull on tesla, i do have concerns about what has been going on in shanghai, because they've been shut down and obviously with the Shutdown there's a big shanghai gigafactory plant for tesla, so obviously they might be having issues with hitting some of their numbers.

On top of the supply issues that have been even worsened, they were already bad with the semiconductors and some of these precious metals, but things got made worse by russia's invasion of ukraine. So i'm a little bit iffy just of what happened in the most recent quarter of if tesla will hit and there's also a little bit of concern has has elon been spending too much time. In this whole, twitter debacle opposed to focusing on tesla, so for this particular earnings i am leaning a bit bearish, but in terms of united and american, i'm actually leaning bullish. Recently, we know last week delta reported they had very good numbers.

Uh american actually was really running off of it. I don't think that united and american will have a surprise like miss relative to delta. I think that i'm actually going to be bullish on these two. So that's just my own opinion of what's going down and if you guys want to talk about it in more detail, i'm more than happy to but bearish on, tesla bullish on united and american uh.

You might agree with me, you might disagree with me. Maybe i'll be right or maybe i'll go the way of kramer and be 100 wrong. Obviously time will tell p g beats on earnings revenue as price hikes help offset rising inflation tesla is set to report earnings as elon musk fuels. Twitter guessing game tesla is scheduled to report quarterly earnings.

After the bell closes today wednesday. The 20th investors will be watching to see if the automaker is going to be able to maintain its ambitious 2022 delivery targets, as its shanghai factory deals with a covid lockdown. To me, that's a big deal and once again these are ambitious targets way more than last year and yes, i get it they're rocking with berlin and that's going to help it, and obviously there are positive things going on in austin as well, but this shutdown i I just don't think it's going to play out in the short term. Once again, i am a long-term tesla ball bull, but let's be realistic about what's going down in the interim.

Obviously it also seems like his attention. As of the past, two weeks is a little bit more involved with fighting with twitter and the sec, so i think that is making people a little bit. Iffy uh russia pressure. Excuse me, russia pressures, maripo steps up attack on ukraine's eastern front, so we have a couple other developments coming out of russia and ukraine.

A growing number of kremlin insiders are questioning putin's war in ukraine and believe it will set russia back decades. A number of high-ranking kremlin insiders have growing concerns about putin's war in ukraine. This is kind of noteworthy because it's super abnormal to speak out against putin, especially if you are in the kremlin so uh. I would argue very noteworthy.

Ten insiders told bloomberg that their concerns about economic and political impact of the invasion. They also have fears of u.s intelligence that the russian president could turn to nuclear weapons. Russia is deploying up to 2 000 syrian libyan and wagner group mercenaries in the dumbass uh region. European officials have said that's kind of on the eastern side.

Remember that's one of the two that were like: okay, it's actually independent, so we're allowed to be here because it's no longer a part of ukraine. That's probably why you recognize this particular name and then last but not least, russia plans to sue to regain access to 300 billion in frozen foreign currency reserves. I highly doubt that they are going to win this lawsuit. Russia plans to file a lawsuit over the freezing of its foreign currency reserved by western nations uh.

They might do it. It sounds like just something fancy to say, but even if they do it, i don't think they're going to win. Russia's central bank governor didn't specify who moscow would sue to regain access to the 300 billion in foreign reserves. Remember this is part of the sanctions.

Various central banks across the world were saying that we're not gon na. Let you touch your money. Moscow was cut off from the reserves for invading ukraine in february. Now you can't really talk about this whole thing.

Without talking about oil, oil could jump to 185 a barrel. If the eu agrees to an immediate ban of russian crude exports, yeah, that's like a big. If i highly doubt they're gon na, do it because remember europe is very, very dependent on russian petroleum project, namely crude oil and natural gas, especially for germany. You're talking about natural gas, oil prices could spike to 185 a barrel of eu abruptly banded russian crude oil.

Well, yeah, it could and they recently banned coal, but they went out of their way to not do it with crude because they need it. A fuel. A full and immediate embargo would displace 4 million barrels per day of russian oil. A slower phase out of russian crude would likely have little effect on prices uh.

It depends on how slow this phase out is, and what is the iea, the international energy agency, and what is opec going to do? There's when it comes to oil, whenever you're talking about it, you have quite a few things to consider it's a very, very complex puzzle and just to say like oh, if russia does this or not like, it's never ever going to be an action in in a Vacuum, it's it's just not how oil works right now there are many many players, including even the u.s of what's the u.s going to do. Are we going to release more from reserves? What's the iaea going to do what's opec going to do what are various other countries in the middle east going to do uh just to treat it as like russia's decision in a vacuum, it's more of like okay, that's like an interesting thought process, but i don't Think it's gon na really lead to anything too special colorado, marinara prices at near record lows. Yes, you heard that right across the world, inflation is ravaging many many different sectors with most things going up in cost, because inflation is absolutely sky high. One thing that is doing the opposite of inflation and not going higher, is good old, marinara we're actually at a low.

It's in colorado, we're looking at about 800 a pound coming off of in 2015 000 a pound um this, obviously as it's developing as an industry. They're becoming more efficient and as regulations are getting more well-defined uh production is increasing and you're seeing prices go down and down and down. So it's kind of interesting to bring this up today that yeah no actually dropping in price becoming more affordable for people who are interested in the market, all right speaking of the market. Let's look at what's going on in the s p, 500 great great day we had a bullish, push a bearish push, it looks like we are finally putting in a higher low at this nice region of 437.

We are actually gapping up this morning and you know what i'm gon na say there. It looks like we could play this gap down play to 445.80. Let me particularly map this out. 445.80 gap fill to the downside.

I think that's a very, very easy play. Yes, i am bullish on the s p. 500. I express in detail why that was yesterday uh april, very, very bullish.

I think you have people who are finally pricing in or more comfortable what the fed is gon na do. Fed member from chicago evans was talking about yesterday of okay, like we get it we're probably gon na, do maybe one or two 50 bips increases a 50 basis. Point we're going to get the actual results of that on wednesday may 4th just so. Everyone knows i want you to start thinking about.

The next fed meeting is the first week of may so make sure you're paying attention to that, because right now, there's a reason why we have the saying: don't fight the fed if the fed is going hawkish, not good for the market mark it down. If the fed's going to be a little bit more dovish okay market goes up, and if they're going to be somewhere in the middle well, it depends where, in the middle they actually are. How are they going to do this? What is their target? Are they going to be able to pull off, what's referred to as a soft landing, and i think more impactful is more of their policy surrounding quantitative easing or excuse me, the opposite of that quantitative. Tightening we've had quantitative easing where they basically injected nine trillion dollars into the economy, but now it's all going to come down to.

How are you going to under undo that entire debacle, so those are going to be the interesting things to listen to in the first week of may, the meeting starts on tuesday. The 3rd ends on wednesday, the 4th we get the results at 2 pm eastern and then we're gon na get more of a follow-up from jerome powell, the fed chairman at 2 30.. Once again, this is out here in may, so we have some development until then and just the seasonality of april. What we have going on with some of the earnings reports, i'm we're really.

This is the first major week of earnings seasons. We have about three more weeks left roughly depending on what companies you do or don't care about, but over the next couple weeks, including that week of may major companies reporting all the big companies are going to be reporting in the next couple weeks. Microsoft, apple tesla, amazon, reporting, reporting reporting - these are all powerhouses, top five top ten in the s p 500. That literally have the power to move the s p 500.

If it's a mixed bag, we'll see how it plays out, if they're, all bullish, obviously we'll rip sky high, if they're all bearish we're gon na go down, that's why you need to be paying attention right now, especially with earning season, but once again, in terms of These blue chip talks in terms of the s p 500. I said this yesterday and i'm going to reiterate it today in the short term, let's just say for the remainder of the week, maybe into the next week. I am bullish overall market, this guy, this right here, no financial credentials whatsoever, just someone who bought a camera and is screaming at it for the interwebs to enjoy is bullish but hey. I think my opinion is as good as jim cramer's and bill ackman because they just recently made horrific calls.

So for me, i'd rather just make horrific calls but be like hey. I at least don't know what i'm talking about those guys say they know what they're talking about. So, if, if it's just a game of giving opinions and no one cares if you're right or wrong, those are my opinions on the situation. But remember i'm not a financial advisor, i'm just a pico influencer, who has a great sense of fashion, all right, so that's it for the s p, 500 generically i'm going to say that the qs and the russell 2000 will most likely be following suit.

I really like this put credit spread play as in you would be selling the 328 and you would be buying the 326.. We covered that yesterday and basically, as long as the queues are above 328 by may 2nd, you would be able to collect and keep all of that premium. So a little bit of a credit spread play. This is a put credit spread play.

You would sell the 328, you would buy the 326 and, what's beautiful about this one is your maximum risk, your maximum reward and your chance of profitability is all known before you enter into the play. I actually think this is a better way for people to get started with options. Then all of a sudden, like yellowing into just buying a call buying a put, because i don't know uh if you have to take the time to truly respect what all the greek values mean. Remember options, and this goes for any etf or equity.

That has an option it's based on far more than just the price of the underlying asset. That's a part of the puzzle, but the other parts of the puzzle are the time until expiration and the volatility of the underlying asset, it's very different to be at 3. 47, today versus 3 47 tomorrow versus 3 47, the next day very, very different in terms of the small cap sector once again, just like the queues and the spy we're seeing a bit of a gap up. So all of these you have the ability to play a downside gap fill if you so choose in a short term right now, things are still looking pretty bullish.

So maybe you want a little bit of confirmation at open, but i do think given enough time, there's going to be a quick downside gap phil. I just want to obviously reiterate that, but remember as much as the small cap sector when we're talking about this one. It's very important to amc, and we know recently aimc and gme trade in pairs, so what's important to iwm is important to both amc and gme. If this is continuing to the upside.

Well, that's going to bode well for amc, because amc is the largest single equity within the russell 2000. So i like the fact that it's gapping up, obviously yesterday amc had a great gain of 6.9 huge bullish push. Then it got smacked and it basically just did a very good job of like volatility going nowhere back to where we were in february and march uh, so some craziness for sure, maybe today, if we're lucky, we'll break above this key level of we're at 1870. Right now so a little bit of green in pre-market, which is nice obviously after the gain of yesterday, but i would love to see that breakout of 1960 that's a key level.

I am watching on amc and then i would love to see a test of this trend line. Similar situation for gme gme didn't give up as much of the gains as it had recently. Obviously it came up some, but not as much it went up, came down. We've been trending sideways, a lot of premium burn would love to see the breakout of 160.

speaking of amc and jimmy. The metrics have not changed much on amc. Similar short interest cost to borrow utilization shares on loan. If you've seen this over the past two weeks, not much of a change what's very interesting about gme, look at the giant spike in cost to borrow the short interest, went up.

It's right at 20 percent utilization still maxed out shares on loan. Those are all the same. The odd thing this morning is the cost to borrow 101 percent. That is a massive massive jump.

The cost, to borrow max, says 260. The cost to borrow min is 7. Something weird is going on here that relative to the amount of shares that are able to go out on loan, there's a massive demand and a lack of supply for these shares. That's why you're seeing a sky high cost to borrow definitely worthwhile to watch how this plays out throughout the day now uh.

I also want to point out that crypto we'll be talking more about this at the 2pm crypto show, but crypto is continuing to rip. In fact, we had a nice recapture of this trend line in bitcoin and, as that continues to push higher we're, seeing eth uh loop ring, which is obviously connected to gamestop they're, helping with the wallets for gamestop's nft marketplace. That's up 5.6 percent in the last day. So loop rings been ripping sandbox.

They just got more funding and they're. They got funding in november once again, they're looking for more funding right now, so securing that sandbox looking good but overall, a bunch of green in the crypto market. So i'm excited to dive into that uh with the crypto show today, uh out of the gate today, we'll be watching the s p 500, just to see, what's going on there recently very bullish, obviously we're going to be watching netflix a special shout out to everyone Who got puts on that because you are making a pretty penny today? Congratulations to all of you. I want to see how this one reacts personally we're going to watch gme and amc just because they had great days yesterday, but as soon, if anything does slow down we'll see what else is going on.

The market feel free to shout out tickers and all that good jazz. Speaking of jazz, i hope you guys are enjoying your jazz cabbage today. Um looks like a lot of things beyond these stocks are getting a bit high all right. What do we have going on? Uh, i want to turn it over to all of you for any questions.

I'll turn over the last seven minutes, six minutes that we have right now, uh, if you guys have any questions before that bell goes ding ding, ding, ding, ding, hey! If you could help me out, destroy that like button before the market opens today, always love to clear that thousand mark and hey join up with the moon gang by hitting that subscribe button. Okay, uh matt, look at the short interest on crxt, oh and for those of you in a tiering. It's still on the threshold list. Short interest is still 40 cost to borrow sky high utilization jacked up um.

It's all the numbers are still there. All of the numbers are still there all right. What'd, you ask for c r x, t c r x, t uh, 477 percent short interest, cost borrow 471 utilization. 100.

It's a low float stock, that's crazy! That is crazy! What's going on with crxd, and it's also up, this is probably worthwhile to watch it's a therapeutics play. It's this thing, that's crazy! I'm not the biggest fan of therapeutics plays, but i think this one's going to be a worthwhile watch. I'm telling you right now i'll most likely not go long on it, just because i i don't want to chase it ran 21. Yesterday, it's up another 25.

I'm not gon na chase a 50 move, but if this thing can get above 2 to 10 you're, then watching four dollars so crxt. Let's put this on the watch list, add to watch list sure why not this thing could get crazy could get crazy all right. So we have crxt a worthwhile watch, uh very interesting metrics for sure the the shorts might be feeling an immense amount of paint. On that one look at the shortage are we did that? Can you do a spy gap, fill target on spy prices uh as opposed to futures any trades on the airlines? Maybe spreads offset high volume, okay, so, for the s p, 500.

The for the etf. The gap fill is down to 445.80. That would be the target and then, if you're looking for the futures market, there actually might not be a gap. There is no gap on the futures market, so it's just in the etf and then for airlines because of delta's success and a little bit of a pullback in the cost of oil.

I'm actually bullish on american and united united reporting after the market closes today american. When the market opens tomorrow, so you can play that. However, you want, you could do a put credit spread. If you want to take the most risk you could buy calls you could just invest in the stock.

There's it's up to you of how you want to play in terms of risk reward. Well, i'm all chiefed up. Did the shorts cover on atr? Is it done? No, they did not cover. Is it done? I unfortunately i don't know.

I can't tell the future. Let me quickly see what's going on with ater, i know it didn't have the best day yesterday and it's down a little bit, but i wouldn't be concerned about it until it closes below 5 30.. The rsi is overextended. If it comes down, that would be a red flag to me.

If it comes down closes below 5 30, it might be over, but also it ran 211. I i think, sometimes when things run people you have to understand how crazy of a movement that is 200. That means the company has like a 200 percent gain in its market cap. Um, remember bulls and bears eat hogs get slaughtered.

Is it over? I have no idea you just ride the trend, it's never a game of like this is the price it has to go to this, that something, that's not how i think of it. You just ride the trend. Is the trend up or down identify the trend and ride it out all right, great questions, great questions, bush just a message today get replaced so i'm jealous. Indeed, i talk about airlines more, i mean it.

My thesis is very simple. Last week delta crushed it oil, it's taking a bit of a breather. I think airlines are going to be solid. I think there has been a spike in people who are traveling recently, just because, as we're getting out of this roanette era of our lives, i think there's more traveling, that's my thesis for it.

I'm bullish on airlines, hey mk bitcoin had a 69 000 all-time home broke 42 000 shortly after 420, california time for 20 coincidence or uh thanks and happy holiday. I think that's a bit of a coincidence, just because remember to move bitcoin like bitcoin itself is uh. What's it right now, 900 billion dollars, it takes quite a bit of movie money to move it like that uh. I think this is actually remember.

Bitcoin ethereum highly correlated with the s p 500 and the nasdaq 100 right now highly highly correlated actually some of the highest correlations that we've ever seen between bitcoin ethereum, the s p 500 and the nasdaq 100. So i think, as the spy goes higher and higher. So vice versa, with bitcoin and if the spy goes lower, i think you're going to see a sell-off in it. There's a high direct correlation between the two major indices and two major cryptos, but we uh zip.

If you want, we could talk about that in more detail today in the crypto stream. Wouldn't it be wild to see amc above netflix in the coming months that would be wild. That would be quite the david and goliath story. Netflix is valued at 155 billion and amc is valued at just under 10 billion, so in obviously they would probably meet.

I would assume somewhere in the middle. I was going to say: you'd almost have to 15 exit, but obviously netflix would sell off and amc would be going up. Ding ding, the casino is open all right. Let me take these off for a second, because they are actually really tough to see this screen through.

But let's see what's going down today, um all right. We have that crtx thing up. Oh man, it's already pushing too all right well, gamestop's doing absolutely nothing. Thus far in minute one, so let's throw up this crtx thing, and just so you know i'm still going against veru uh.

I still have my puts against it and i have quite a bit of time. I have literally a month they expire may 20th. So i'm not really too too worried about it, but we'll pull up varu in a bit. I just want to see the market open.

Remember i personally find it easiest to sit on your hands for those first. 10. 20. 30 minutes.

You don't want to get whip-sawed with the volatility out of the gate right and we can interesting netflix currently down 29, it's at 246 yesterday in post market trading. It closed out at 2, 58 after getting slaughtered like crazy, stuff, crazy, crazy, stuff thoughts on reu coin. Mat check on coin get go super low, circulating supply, all-time high of 1600 got in 220 a week ago. Just wondering what you thought reucoin i mean i could check out the chart, but i don't really like messing around with um all right.

Well, they don't have it on trading view, which, to me is another sign, like i think, equivalent to blue chip. Stocks is kind of like the top 20 on coin market cap. I really don't like messing around with crypto projects that are like equivalent to penny stocks. Uh, there's just a lot of scams: there's a lot of pump and dumps they're, not all scams and pump and dumps, but there's so many that i just it kind of like mars, the name of the rest of them.

For me, the spy looking strong amc would love to see that push that 1960 level crtx you got to watch that 210 level. This is something that someone just called out to me: huge short interest, huge cost to borrow huge utilization, very low float stock. This is what i would refer to as a powder keg, but it needs to break out of this level of hang on. I put it crxt excuse me crxt uh.

It needs to get above this resistance right here, 210 and then from there. You could legitimately be watching four dollars, not really my cup of tea, but i think interesting nonetheless, nonetheless, netflix still getting absolutely murked amc, unfortunately coming down, how is ater looking right now, um also at 560.. What was that level? I was watching 5 30.. If it closes below 5 30, really, even if it goes below 5 30, that would be a red flag development.

In my mind, netflix support when you have such big developments like this. I don't really know. Technicals are always important, but i think what you're seeing play out is, just like fear, capitulation. There is actually a gap-fill play, i believe, on netflix to 227.60 227.60 that never got filled, it came close to getting filled and this is a gap from january of 2018.

So this is a good example of gaps of given enough time. They get filled this one took four years, but it might be heading down to that level once again, 220 760. That could be an interesting level to watch. If you are in this netflix play safe.

Moon didn't safe moon, just get called out for being a complete and utter scam, a tyrion fighting back spy, i'm still in that spy. 447 448 uh, like i like that i just want to clarify, like i still think, that's a solid play and if you want to balance it out a bit, i think you could do a put credit spread. Matt coors i'd, give you a quiz. Mwah bought 250 strike on netflix yesterday for 65 just sold for 1k.

It was a 2 000 gain guys. This man is giving you keys to the castle. Take it and change your life love you matt all boogie, i'm so happy you're, crushing it. You always come in here with the best vibes.

You've been learning so much about training like seriously it like it. You just make me smile man, i'm so happy for your success. Safe moon wasn't safe, crushing that uh. I know of two people, particularly all boogie and then uh.

Another traitor in the moon gang who, like is just apps like made serious serious money on netflix, puts and they're still printing right. Now, it's going down like netflix is just getting murked folks, all right uh. This crxt, let me know if it pushes that two dollar mark again veru how's varu doing if it ever loads loading loading loading loading loading veru. I still have the puts against it.

I don't think this is gon na. Do that? Well, just my opinion. Who knows maybe i'll be right or maybe it'll go the way of kramer, but time will tell 5k on netflix 300 puts what about twitter. How is twitter doing today? Let's throw up twitter twitter twitter coming down.

I wonder if they're going to be asking elon about this in the earnings announcement this evening of like what are you doing with that is tesla going to be partnering up something like that. It's pronounced twater, i'm seeing a bit of red folks, a bit of red. The spy - how is the small cap sector, is actually outperforming uh, tradestation or training view being a little bit slow this morning, we're seeing it come down small cap holding on the strongest thus far today the tech sector already slightly in the red down by 30 cents. Let's see what's going on with the spy netflix man, i don't think the selling is necessarily done on nflx.

I don't think it's quite done. Matt. Let's do an american spread mm-hmm. Well, what kind of like uh of obviously you're talking about a vertical spread? Are you just thinking about like buying a call like a debit spread? Is that what you're thinking about 404? Oh tonight um? So i just found out this is a special shout out to everyone who's on locals and also particularly over there on rumble uh so join up with locals.

It's in the description. There is a free option, there's also a paid option, but i found out that there's actually like kind of a way you can stream within the app. So i kind of want to test it out and maybe we'll just do like a quick ama. So i can get used to like what's going on there, but tonight um, i don't know i'll get the time out or something or actually i'll post it in locals i'll.

Let you know when, like going live and all that stuff uh, but tonight i wanted to kind of figure out the software and do a bit of an ama and maybe we'll talk about tesla's earnings and america or united's earnings tonight. Let's do something uh special in locals, so if you're not already make sure you're signed up for that and for everyone who's already in locals uh, let's try to do like a specialty stream in there. I just want to figure out what the software is like. Uh, do you think it's worthwhile to play tesla strangles? No, i think tesla's gon na have a volatile reaction um.

If anything, i would do the opposite. Well, it depends. Are you gon na, sell a strangle or buy a strangle? You can play it. However, you want, but i think, there's going to be a volatile reaction to tesla's earnings.

I don't think it's going to be a muted reaction, where's tesla's levels of support. I haven't sold 262 50 on the 29th of april uh on netflix. You have various ones, but i'm actually watching 227.60 there's another one at 241. So well we already broke that honestly.

I'd be watching this gap bill at 227.60. I know that's farther away, but it's just what i'm seeing on the chart. The spy is starting to bounce a little bit if this bounces netflix might kind of bounce, but i don't know now when i say that the spy is actually turning back around, so it seems like to not much matter not much matter. This is when you want to be scaling.

This is you shouldn't, be in a position and then all of a sudden, this happens and you're like okay, like i don't know what to do now, um in pre-market. That's when you want the plan of like okay, i see these levels of support. I see this gap fill. Maybe you want to take some off at the gate, just in case it popped.

It obviously didn't so you could keep scaling into this, but even if you didn't maybe you're not feeling that prepared, maybe you're up a lot of money and you're feeling jittery and you're just like okay, i need to be like calm. Cool collected 227.60 is a very, very like legitimate level, it's a gap bill and it could keep going below that and obviously you shouldn't be buying or selling just because of something i said, all i'm doing is sharing my opinions. If i were fortunate enough to have netflix puts, if i had a group of them, i would have sold some locked in some profits right at market open and right now i would be like okay, i have some profits. I'm that's good.

Now i'd be a bit more calm and i'd be looking for that 227 level. I'd take more and then really after that. I would just leave some runners on and see if this thing continues to vomit. That's how i would personally play it.

Uh we're seeing quite a bit of red in the markets folk folks, folks, the small cap sector is trying to hold up, but the spy and the tech is getting slot. Teared slaughtered slaughtered, slaughtered, wow, wow wow the spy, damn damn damn, damn damn all right. This is why i'm still holding that call credit spread 447 by 448, that one's still looking good netflix i'd be watching that 227 level, 226 level queues are coming down this cr xt. It got smacked at that resistance.

It just didn't get above it, but the metrics are still very interesting mullen trying to make its way back quite a bit of red in the market. Small cap sector's up, but other than that. Quite a bit of red amc trying to 1820 has been a key key level watch that gme just kind of chilling. Hopefully it can recapture 150 152 bed bath and beyond not really doing too too much today, dwack dropping again it's down by three percent apple flat on the day, but going down microsoft, also going uh, i'm seeing selling folks i'm seeing selling but remember we're 12 minutes Into the day, the first 12 minutes does not dictate what happens for the remainder of the day, but i'm sure if you're in netflix, you probably wanted to you're, probably like yeah.

Let's keep sending this thing down. Tesla had a pretty solid push yesterday, uh right now. It's down not even one percent, but it's selling with the overall market uh what's doing well today, folks, what is, are you guys, seeing anything? That's having a a good day. Cei is up 6.6 better than a lot of other things, a lot of other things.

Lvs! That's up 1.7 sbfm. Is that thing alive again up 3.6 hd home depot having a decent day, all right, there's some things: br qs! I saw some people talking about brqs, i'm personally, not a fan of it, because i just don't like penny stocks um it's up. 15 right now this is one on brqs. I think it has potential, but whatever that potential is, i think, it'll be short-lived.

I think you can make money on it, but i want to be explicitly clear. I very much think it will be short-lived. If you look at the history of this stock, it moves up, it barely holds for a day or two, and then it comes right back down. This is one that i think you can make money on the upside, but you do not want to be greedy.

This is one that very much be careful for look for looking for a trend. Reversal brqs, i just don't think, will hold whatever gains. It ends up getting uh prog it's down on the day. It's still battling at a dollar all right, so we talked about the gap fills uh, i don't know whoever took them, but they're getting gap filled right now.

The spy just got filled, the queues gave filled this morning and the last one is going to be. The small cap sector gap fill um, that's something that maybe you could watch at hang on. What is this level? 202 24. Is the last one that we would still need on the major indice gap bills uh iwm? 202? 24..

We could just throw that up there uh for anyone who likes playing gap. Those the gap-fill plays have been destroying recently. Easy plays easy money, easy easy money, uh spy, good, q's, good iwm, i'm gon na drive it into your heads. That gap fills the odds, are on your side.

They are on your side, netflix still going down once again that target of 226 227 tesla kind of doing its thing will be having earnings. Uh ual, i believe, is united kind of going down, but actually percentage-wise it's down by 0.15 uh facebook, aka meta, getting destroyed. You know what's funny about facebook is. This is another one that everyone was telling you to buy after it's earnings when it was at 244.

Everyone's like this is amazing, and when i say everyone i mean like mainstream financial media, you had kramer, you had kevin o'leary. They're like this is a great discount buy, buy, buy when in reality it's down 15. That's actually what we saw with netflix all calendar year. Everyone was telling you to buy netflix all of 2022 and year to date it's down percent, mainstream financial media.

For you, folks, you got ta, buy netflix, it's like dude you're as long as everyone else as everyone else, all right, uh, the russell about to gap fill so literally on all three indices. That was a comically easy play. Oh wait! Is it gon na bounce? Now, when i was off by two cents, no, i refuse to believe that i refuse to believe it. It's gon na gap fill have faith, excluding all the times that i've been wrong.

I've been right, 100 of the time, ooh ooh things are getting a little bit slaughtered, all right, netflix, apparently going for that target. 227. 60. 227.

60. 227. Right about there. That's what i would peel off a decent amount of my size and then i would leave on maybe a runner a couple runners like a runner size.

Things are not having the best of day folks all right. Well, while we're waiting for that to happen. Finn viz. Let's see what is or isn't green today, uh, allegedly there's a lot of green, but this is because of things gapping up and now those like gains are kind of giving up.

Um disney is down because of his sympathy played in netflix. People are the fact that netflix messed up they're like oh man. What does that mean for disney streaming service, so you're, seeing a negative sympathy play in real time? Apparently, paypal is very down, but financials are still up a lot of stuff. This is oddly deceiving even though you're seeing a bit of green everything's trend is currently to the downside, to the downside all right.

The last big gap, though, that i think is easy money is on the russell right here: 220 202 24. netflix still coming down. I think that has another five dollars in it. Uh tesla at this point might be testing a thousand five.

A thousand flat facebook is just being perfectly walked down meta. I should call it is getting murked the same as netflix. It looks like probably fang stocks are all just doing. The exact same thing looks like fang stocks are going down down down the profit.

Look at that infrastructure plays. I don't know how i feel about those right now, jeffrey uh. I just want a little bit more. I mean infrastructure plays from what i've seen commonly moved with like recent bills and voting it's more like a political type of a thing uh, but i believe caterpillar's done pretty well hasn't it cat caterpillar's been doing well.

So i like this stock, like when, i think, infrastructure, i'm like okay, that's probably the one like i would look at uh recently had a nice run and then it like calmed down for quite a while, almost like over half a year, and now it's kind of Coming back to life a little bit of a breakout, it's a bit chasy right now! Here is your cup your handle! This was the time to get in was at 220. right now it's a bit chasy you're trying to buy at a breakout with the rsi being overextended, so i would wait on cat, but also infrastructure. Just i feel like that. Moves a lot with just government spending.

Government votes. Excuse me: hey man, i know surge, has low volume, thoughts about its structure and growth to invest in for the next three to six months. Surge surge pays. What is this package software? Oh, i wouldn't at no.

No! No, it's trading on average, 65 000 shares at four dollars and it's doing reverse stock splits. I i would not invest in it. Uh the reverse stock split with its low low volume. I i just wouldn't touch it.

I don't think it's worth an investment like just way way too high of a risk all right. We need some iced coffee, iwm, really messing with me there off by two cents. I know you guys come here for perfection, but i don't know if i'll be able to live this one down here. I am talking a tough game about 224., a tough tough game about 224..

Damn that's going to be embarrassing. I'm not going to live that one down come on, come on. Matt pull yourself together, pull yourself together, matt down down down down just hit 224. Make me proud, impress my digital friends.

There you go there, you go! No, no, no, no tesla getting murked facebook netflix! There's a lot of blood in the water right now, a lot of blood in the water. What are the whales doing? How are they handling this spy puts by put tesla call 30 days out 1.32 million a tesla put for 86 days out 2 million a tesla call for 30 days out 2.4 million a charge point call for nine days out: 1.6 million. That is not only an oddly large bet, but a particularly oddly large bet on charge point with a short amount of time. I don't know what's going on with chargepoint, but actually a series of bullish bets 16.5.

18.5. 16.5. Two days, nine days nine days in total we're talking about almost three million dollars, just under three million on chargepoint chpt. That's definitely something standing out to me.

A bit odd, tesla, put nine days out tesla call a tesla put shopify put put put a tesla put a test, a call people cannot make their minds up about tesla. I test a call for two days out. I test a call for two days out: tesla a mixed bag. We got some facebook calls coming in now for 30 days.

The thing that's standing out to me is this charge point: did we gap phil? Hey? We gatfield winner winner, chicken dinner, publish nice. Well, i hope you made money. That was that was easy. No, but seriously gap-fill plays are like super easy.

We got it on the spy, the q and the russell you could have played all three. It was. That was just easy charge. Point charge point: why are so many bullish bets coming in on chargepoint right now, lower highs, lower lows, borderline a failed, trendline breakout? I guess if you want to follow the whales on chargepoint, i would just say make this your risk.

1490. That's how i would do it there is an upside gap fill on chargepoint to 1945., so your risk not too bad. Your risk is 7. Your potential reward is 21, so that's a three to one risk to reward um.

I kind of like that and you're also in a certain way, drafting off of whatever these whales are doing: chpt and they're, looking at nine days nine days and two days 1650 and 1850 for next week, interesting um. So that's another potential trade plan right there. It went bullish, it went bearish, maybe the bottom's in - and you could play this to back to the upside uh and did we perfectly hit my target? We did 227.58, that's exactly the gap. Bill 227.58 netflix just gap-filled as well easy gap-fill gap bills have been crushing it and actually it looks even more weak.

So at this point, if i were in netflix, which i did not play netflix, i would be locking in more and i would just leave on some runners and i would be like okay, it was a great day. I would probably turn off my trading stream. I would probably stop listening to whatever cool pico influencer. I have on the internet right now.

I'd go to my cafe. I'd bring a book, i'd get a cappuccino and i would return literally at the end of the day. That's how i would play netflix right now. I would have locked in a bit at open most at this gap fill, and i would leave on some runners and i would forget about it.

I would stop watching it. I would not get caught up into the minute to minute movement. I would go enjoy my non-digital life if your position is exclusively netflix, i would strongly argue that your trading day should be over. If you are an active trader and you're mainly playing netflix.

That's how i would do it i'd leave on some runners out of sight out of mine, i would go. Enjoy life. Go get some sun rays. Go get some vitamin d.

Listen to some music go fight, a stranger in the streets. I don't care enjoy life. That's how i would play netflix right now. You already won the day the government money all right.

What else do we have is that legit is what legit? Where can i find the whales um there's various services that do it, but if you want options flow for free, it's pinned to the top of chat. You don't have to spend time. You just have to have an iphone, a fight advisor. You can use unusual whales.

You can use benzynga, but once again those are all paid services. I know not. Everyone has like disposable income for that type of stuff, so i'd rather give you free options. If i'm aware of them, wow wow wow wow market goes down down down hey virus at least going down for me, uh ater, just not really doing too much today, bouncing back a little um.

The key level i was watching is 5 30 and it just hasn't violated it. Yet what does it mean to gap? Fill all right? Let me hang on paint, you guys can't see this. Can you nope hang on hang on hang on. Can you see this now? I think you guys can see this.

How do i fill this? I'm not that good at paint there. We go all right, you, okay! So let's say this is whatever trading bar. It doesn't matter if it's the minute candle the five minute, the four hour, the daily it. This is your candle.

You opened. This was your high. This was your close, and this was your low. Let's say the very next day you open right here all right.

Let me switch this, it's let's say it's a gap down. This is a gap down. Why is it called a gap down because the opening price is literally below the previous day's low, like? Let me just make this one actually hang on. How do i select this? How do i do this? How do i do my job anyway? You have a literal gap right here.

I should make this black so you're opening down here, but here's the gap, it's whatever this difference is from the low to your opening price, so a gap fill. Would be you playing it until it actually trades back up to whatever this low is right here? So this, when you gap down it's an upside gap-fill play you're looking to fill the gap that was created and then obviously you could also have it the other way around where, if you have one of these guys a green day and then the very very next Day, you end up, say opening right here. If this is going to open, let's say you open right here. Well, that also means that thus, you have a downside gap, fill opportunity which would be the difference from the yesterday, the previous bars high and wherever you're.

Currently at so that means that you have this gap of an area. So if you gap up, it would be a downside gap, fill downside gap fill and then, if you gap down it's an upside gap fill um. Let me know if there's any questions on that, but that's basically the tldr of gap fills easy peasy lemon squeezies do. Does everything gap fill? No, it doesn't have to it's.

Just the odds are very much in your favor, for example, this netflix gap fill. Let me just show you what happened with netflix a lot of the times it is filled within one or two training days, but, for example, there's still an upside gapful on netflix right here. Look it! This is a perfect example, so netflix on its last earnings on january 20th had a low of 506.93, the very next day it opened here. That's an upside gap filled.

This region is now not tested because you're always forward-looking, so we have not tested it. In fact, we only got as high as 458.48, so there's still this gap between 506, 93 and 458.48. Look at moving forward from that event. Clearly it's untested that's a gap.

There has been nothing in this region. That's why it's called gap filled. Thus you have an upside gapful once again, yesterday's low 332 22 to 248.70 that nothing has been in this region because you're always forward-looking. This is an untested area, so it's an upside gap-fill opportunity.

The gap we just filled was a gap all the way from 2018.. Until today we did not see anything trading in this region on january 22nd in 2018 we gapped up and then we came as low as i don't know, but whatever this high is was 227 227 79 and then we're looking. We came a bit lower. We tried to fill it back in whatever this was uh december 26 2018 the same year, but we didn't quite get that gap fill and then boom.

We finally filled it today, so this one literally took four years to fill. I just want to be very, very specific about how i wear this. It does not have to fill the very next day this one took four years uh and not all gaps even have to get filled, but they're. It's more of the odds are in your favor gap, fills given enough time most likely fill 100 of the time.

No there's no such thing as 100 of the time when you're dealing in the markets, but i really really like, like playing gap, fills on overall market indices because i feel, like the odds for those, are even higher than individual equities. So when i see a gap in the spy, the q's and the russell to me, it's just easy money: hey just bought another put for 100 sold for 400, just because the gap at 220 looked nice. Is there another gap on netflix? There might be another one. I'm looking at, i think this gap actually technically filled or was it off uh there's.

Actually a gap fill on netflix all the way down to 163 55. see how it came super close to filling it, but it didn't actually touch so there's that opportunity. That's nuts, what is going on with netflix there's another one to 173.. Once again, do i necessarily think that one at 100 is going to get filled? No, not really, because obviously, netflix still has like inherent value.

Um, like i think, for it to lose six sevenths of its value from november of 2021. I think that's steep, but you never know i like to play ones that are a little bit closer like i wouldn't have been in here at six hundred dollars. Seven hundred dollars, like it's gon na gap, fill all the way down to a hundred. It very well might do that, but that's like there are still gaps in netflix's chart and i think it's more difficult with equities than with indices like i prefer to play it with indices, but it's still a very viable strategy on equities.

It's just.